Peninsula Land through its subsidiary -- Peninsula Holding and Investment (PHIPL) -- has entered into a Securities Purchase Agreement to acquire 71% equity shares of RR Mega City Builders on October 25, 2018, thereby making it a step-down subsidiary of the company.
The Company through its subsidiary already held 14% of the Equity Shares of RR Mega City Builders. The company’s main objective of the acquisition is to enhance interest in Real Estate Project Company.
Peninsula Land is a holding company engaged in construction business. The company is engaged in the business of real estate development. Its segments include Realty, Renting and Others.
| Company Name | CMP |
|---|---|
| Lodha Developers | 860.10 |
| Dilip Buildcon | 452.35 |
| DLF | 598.45 |
| Oberoi Realty | 1697.60 |
| Ahluwalia Contract(I | 834.95 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: